Monday, November 20, 2000

Company Press Release

SOURCE: Salisbury Bancorp, Inc.

Salisbury Bancorp, Inc. Declares Quarterly Dividend and Special Dividend


Lakeville, Connecticut, November 20, 2000/ PRNewswire/-The Board of Directors of
Salisbury  Bancorp,  Inc.  (AMEX:SAL),  the parent company of Salisbury Bank and
Trust  Company,  declared a $0.13 per share  quarterly  cash  dividend  at their
November 20, 2000  meeting.  The Board also  declared a special cash dividend of
$.25 per share. The total dividend of $.38 per share will be paid on January 30,
2001 to shareholders of record as of December 29, 2000.

The Company  declared cash dividends  totaling $.70 per share for the year 1999.
Dividends declared for 2000 total $.77 per share which represents an increase of
10.0% when comparing the two years.

 Salisbury  Bancorp"s sole  subsidiary,  Salisbury Bank and Trust Company,  is a
community  bank with  assets in excess of $230  million and capital in excess of
$21  million,  headquartered  in  Northwestern  Connecticut,  which  offers full
financial services to the communities it services in Connecticut,  Massachusetts
and New York.